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Identity Theft

By Matthew Righetti
July 13, 2006

Recent high-profile data breaches of online retailers, banks, government agencies, and data brokers have exposed the vast potential for damage to consumers when their personal information is illegally sold or inadvertently released into the public domain. Ironically, these breaches have occurred despite the existence of comprehensive federal and state legislative schemes aimed at safeguarding personal data.

Federal legislation passed during the past several decades has sought to protect personal information housed in both government agencies and private corporations. These statutes include the Privacy Act, Gramm-Leach-Bliley Act, Truth in Lending Act, Health Insurance Portability and Accountability Act, Drivers Privacy Protection Act, Video Privacy Protection Act, Electronic Communications Privacy Act, Cable Communications Policy Act, Telephone Consumer Protection Act, and the Fair Credit Reporting Act ('FCRA').

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